GBP Loan definition
GBP Loan means each Loan made in GBP.
GBP Loan means each Loan made in GBP. “Hazardous Materials” means all materials subject to any Environmental Law, including materials listed in 49 C.F.R. § 172.101, materials defined as hazardous pursuant to § 101(14) of the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, flammable, explosive or radioactive materials, hazardous or toxic wastes or substances, lead-based materials, petroleum or petroleum distillates or asbestos or material containing asbestos, polychlorinated biphenyls, radon gas, urea formaldehyde and any substances classified as being “in inventory”, “usable work in process” or similar classification that would, if classified as unusable, be included in the foregoing definition. “HCOB” means Hamburg Commercial Bank AG, Luxembourg Branch, in its capacity as a Lender hereunder. “HCOB Fronting Exposure” means, at any time HCOB is a Defaulting Lender with respect to the HCOB Pro Rata Share advanced by Société Générale, such Defaulting Lender’s Pro Rata Share of Revolving Loans or Swingline Loans other than Revolving Loans or Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders, repaid by the Borrower or for which cash collateral or other credit support acceptable to the Swingline Lender shall have been provided in accordance with the terms hereof. “HCOB Pro Rata Share” means, with respect to HCOB, subject to Section 2.9(a)(ii), the percentage obtained by dividing the Revolving Commitment of HCOB (as determined pursuant to the definition of Commitment) by the aggregate Revolving Commitments of all the Dollar -40-
GBP Loan means each Loan denominated in GBP.
Examples of GBP Loan in a sentence
Each GBP Loan shall bear interest at a rate per annum equal to the sum of Daily Simple S▇▇▇▇ plus the Applicable Margin.
More Definitions of GBP Loan
GBP Loan means a Loan denominated in GBP.